Zepos & Yannopoulos has advised Ayvens Group, Leaseplan, and ALD on the merger of the Greek subsidiaries effected through the absorption of ALD Automotive by Leaseplan Hellas.
Important Changes to Bulgaria's AML Legislation – What has Changed and What Does the Future Hold?
In recent months, Bulgaria has undergone significant changes to its Anti-Money Laundering (AML) legislation intending to achieve the long-overdue complete transposition of the EU 2018/843 Directive into national law and meeting the higher standards set forth in the Financial Action Task Force’s (FATF) recommendations on Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT), especially following the country’s inclusion in FATF’s so-called “grey list” of jurisdictions under increased monitoring. Naturally, these changes give rise to a number of new obligations for businesses to comply with. The purpose of this article is to provide an overview of the most significant changes.
Dentons, Bernitsas, and MSTR Advise on Greencells Group's EUR 65 Million Solar Plant Portfolio Development Financing
Dentons and Greek-based MSTR Law have advised the Greencells Group on obtaining EUR 65 million in development financing for its solar plant portfolio across seven jurisdictions. Bernitsas and, reportedly, Hogan Lovells advised Kommunalkredit – the structuring bank and sole lender.
National Bank of Ukraine Updates Several Foreign Currency Restrictions
On 11 July 2024, new foreign currency (“FX”) easings came into effect to increase Ukraine's investment attractiveness and raise private foreign capital. Specifically, the latest package of amendments, introduced by Resolution No. 83 of the National Bank of Ukraine (the “NBU”) dated 09 July 2024 (“Resolution No. 83”), includes the following FX liberalization measures.
A&O Shearman Advises Polenergia on Szprotawa 1 Photovoltaic Farm Financing
A&O Shearman has advised Polenergia on the PLN 116.5 million financing of the 47-megawatt Szprotawa 1 photovoltaic farm from mBank and Bank Pekao. KLBF Kycia Legal reportedly advised the banks.
MFW Fialek and Gide Advise on Langmedia and Tutore Poland's PLN 61.2 Million Financing from mBank
MFW Fialek has advised Langmedia and Tutore Poland on PLN 61.2 million financing from mBank for the buyout of minority shareholders of LangMedia. Gide advised mBank.
Taylor Wessing Advises PKO Bank Polski on Financing of Panattoni Park Zgierz
Taylor Wessing has advised PKO Bank Polski on the financing provided to Panattoni for the development of Panattoni Park Zgierz. Deloitte Legal reportedly advised Panattoni.